#China #Shanghai #Advanced Packaging #JCET Group #Integrated Circuits

JCET Group's 2025 Interim Report Overview

JCET Group, a prominent player in integrated circuit back-end manufacturing, released its interim report for the first half of 2025, showcasing remarkable financial growth. The company achieved a staggering revenue of RMB 18.61 billion, which marks a year-on-year increase of 20.1%. In the second quarter alone, revenues hit RMB 9.27 billion, growing by 7.2% compared to the previous year. These figures represent all-time highs for both periods, demonstrating JCET's resilience and effectiveness in a competitive market.

Key Financial Highlights

The report indicates that the net profit attributable to parent owners reached RMB 470 million in the first half, with the second quarter contributing RMB 270 million. This impressive performance underscores the company's robust operational efficiency and strategic initiatives.

The increase in revenue is attributed to a combination of optimizing global manufacturing processes and enhancing supply chain management. JCET has notably increased capacity utilization compared to last year, ensuring operational excellence and solid cash flow.

Investments in Advanced Packaging Technologies

One of the standout features of this report is JCET’s substantial investment in advanced packaging technologies. The company recognized the pressing market needs and allocated resources accordingly, which had a short-term impact on net profit. However, this move aligns with JCET’s longer-term vision of innovating through application-centric development, ensuring they remain ahead of evolving market demands.

JCET’s strategic focus on sectors such as edge intelligence, autonomous driving, and high-density storage has paid dividends, with revenue growth recorded at 72.1% in computing electronics, 38.6% in industrial and medical applications, and 34.2% in automotive electronics. These results reflect a solid strategic execution, capitalizing on forward-looking initiatives that allow for substantial revenue gains.

Research and Development Efforts

Investment in R&D has also been a priority, with expenditures reaching RMB 990 million—up 20.5% year-on-year. The company is pursuing advancements in key areas, including upgrades to packaging technology and mainstream package developments. The new automotive manufacturing base, JCET Shanghai Automotive Co., Ltd., has been completed and is expected to commence operations in the latter half of this year, introducing further capacity to the market.

Moreover, the establishment of JCET (Jiangyin) Co., Ltd. marks a commitment to specialized development in System-in-Package technologies, fostering growth in intelligent manufacturing. The existing JCET Microelectronics (Jiangyin) Co., Ltd. has ramped up operations, providing comprehensive microsystem integration solutions.

CEO’s Statement

Li Zheng, CEO of JCET Group, remarked, "With a steady and progressive approach to sustainable development, JCET has delivered outstanding performance in the first half of 2025, achieving record revenue across both quarters. In the face of intertwined opportunities and challenges, we remain committed to optimizing our strategic positioning and building a solid foundation for long-term, high-quality growth."

Conclusion

As JCET Group moves forward, it continues to accelerate its investment in cutting-edge technology and infrastructure, ensuring it meets the future demands of the semiconductor industry. The combination of record revenues, enhanced operational strategies, and a commitment to R&D positions the company for robust growth in the years to come. The industry can expect JCET to maintain its leadership by delivering innovative solutions and robust performance in the marketplace.